Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto | Odd Lots

• What was the aha moment for Scott with crypto?
  
  
  • Scott was aware of crypto early, but very skeptical. Saw that everyone was trying to decentralize just for the sake of it. But decentralization has costs. Centralized entities are often more effective in coordinating interaction.
  
  
  • His opinion started to change with examples of use-cases where tech was

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Is it just about the money, and does that matter? Web3 is absolutely a gold rush. People are very desperate for money (quite quickly) doing what they enjoy. Even if many entrants into crypto "do not fundamentally care about distributed trust models," an attractive alternative would be one where the user base grows to care.